The Virgin Islands are an archipelago of islands in the Caribbean, close geographically to one another but split administratively into three distinct parts. The British Virgin Islands, the United States Virgin Islands and the Spanish Virgin Islands.
The British Virgin Islands is a British Overseas Territory, with the remainder of the island chain under the jurisdiction of the United States. Similarly to many of the other English speaking parts of the Caribbean, the economies of the islands are founded on both tourism and the financial sector. This is most notably the case in the BVI's with over 50% of the economy from financial services.